Monthly Archives: March 2025
Dollar Slides on Heightened Uncertainty
Written on March 6, 2025 at 6:45 am, by
Market Summary The global financial markets are facing heightened uncertainty following the Trump administration’s decision to impose tariffs on Canada, Mexico, and China. The situation escalated further as China announced retaliatory tariffs on U.S. imports yesterday, raising concerns of a potential trade war between the world’s two largest economies. This development has sent ripples acrossContinue Reading
Trump’s Tariff Plan Take Effect, Dollar Plummet
Written on March 6, 2025 at 6:44 am, by
Market Summary President Trump’s latest move to impose an additional 10% tariff on China, along with the planned levies on Canada and Mexico taking effect today, has rattled global markets. The Canadian dollar and Mexican peso tumbled to fresh lows, but the U.S. dollar failed to capitalize on the protectionist measures. Markets perceive that suchContinue Reading
Trump’s Tariff Plan Take Effect, Dollar Plummet
Written on March 6, 2025 at 6:44 am, by
Market Summary President Trump’s latest move to impose an additional 10% tariff on China, along with the planned levies on Canada and Mexico taking effect today, has rattled global markets. The Canadian dollar and Mexican peso tumbled to fresh lows, but the U.S. dollar failed to capitalize on the protectionist measures. Markets perceive that suchContinue Reading
